Custom Search

Monday, September 29, 2008

Reactions Coming Over Defeat Of BailOut Bill

By now most know the bailout bill known as Emergency Economic Stabilization Act of 2008 failed to pass the House with a vote of 228 NAYS to 205 YEAHS.

Reactions are starting to come out with people blaming each other and many blaming Nancy Pelosi for her very divisive speech on the floor at the end of the debate, video will be shown below.

The White House spokesman, Fratto, said, "There's no question that the country is facing a difficult crisis that needs to be addressed." He went on to say Bush was disappointed and further stated "Obviously we are very disappointed in this outcome.There's no question that the country is facing a difficult crisis that needs to be addressed. The president will be meeting with his team this afternoon to determine the next steps and will also be in touch with congressional leaders."

Several Republican aides said House Speaker Nancy Pelosi, D-Calif., had torpedoed any spirit of bipartisanship that surrounded the bill with her scathing speech near the close of the debate that blamed Bush's policies for the economic turmoil.

Without mentioning her by name, Rep. Adam Putnam, R-Fla., No. 3 Republican, said: "The partisan tone at the end of the debate today I think did impact the votes on our side."

Putnam said lawmakers were working "to garner the necessary votes to avoid a financial collapse."

But the defeat was already causing a brutal round of finger-pointing.

"We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House," House Minority Leader John Boehner said. Pelosi's words, the Ohio Republican said, "poisoned our conference, caused a number of members that we thought we could get, to go south."

Rep. Roy Blunt, R-Mo., the whip, estimated that Pelosi's speech changed the minds of a dozen Republicans who might otherwise have supported the plan.

Below is the speech from Pelosi which possibly guaranteed she would not receive the votes need to pass what has been called the "crap sandwich" which many said "sucks".

Pelosi never did know when to keep her mouth shut. She may have single handedly helped to stop a very bad bill from passing, even though that is contrary to what her intent was.

I wonder how much lower her ratings can go?

Malkin... must read.